Aluminium Bahrain set to appoint adviser for expansion plan- CFO

April 9, 2015 2:51 PM

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DUBAI, April 9 (Reuters) - Aluminium Bahrain (Alba) is close to selecting the financial adviser for its $2.5 billion Line 6 expansion project, having whittled down its choice to two banks, its chief financial officer told Reuters.

The scheme will make Alba the largest single-site aluminium smelter in the world by boosting per-annum production by 400,000 metric tonnes, at a time when demand for the metal is growing, Ali al-Baqali said in an interview at the plant.